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Oriented Strand Board (OSB) Market Insights | Global Trends, Competitive Scenario | Forecast To 2028

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Rahul Sharma
Oriented Strand Board (OSB) Market Insights | Global Trends, Competitive Scenario | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Oriented Strand Board (OSB) Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

 

Pune, India: Oct. 28, 2019 - Oriented Strand Board (OSB) Market size was estimated over USD 8.0 million in 2014. The growing substitution of plywood by OSB in applications such as residential construction and commercial sector is expected to have a positive impact on market demand. The high strength to weight ratio and easy installation advantages provided by oriented strand board are driving market growth of these products.

This product is consumed for both non-structural and structural applications such as shelving, pallet manufacture, frames, furniture, industrial tabletops, dry storage pallets, packaging and crafting. Technological advancements in countries such as Brazil, Russia, China, and India for the development of new products is anticipated to create new growth avenues over the forecast period.

To Get Sample Report visit @ https://www.millioninsights.com/industry-reports/oriented-strand-board-osb-market/request-sample

In 2014, construction segment accounted over USD 4.0 million. Increasing consumption of structural insulated panels, industrial containers, single-layer flooring, subflooring, webs for wood I-joists, wall and roof sheathing, mezzanine deck, and sheathing ceiling is expected to drive product demand over the forecast period.

In terms of revenue, packaging is projected to grow at a CAGR of 29.0% over the forecast period. The high level of strength exhibited by these products coupled with low prices is boosting demand in this application segment. Growing packaging industry in countries such as UK, Hong Kong, India, Canada, Thailand, Taiwan, U.S., Singapore, China, and Australia is likely to fuel the market growth over the forecast period.

Regional Insights

In terms of volume, North America was the largest global market and accounted for over 55.0% in market share owing to raw material availability and strong environmental regulations. The growing export from Canada is expected to drive market growth over the forecast period.

Asia Pacific witnessed rapid growth in construction and packaged foods industry. The rising disposable income coupled with urbanization in emerging economies is expected to have a positive impact on market demand for oriented strand board.

To Browse Complete Report visit @ https://www.millioninsights.com/industry-reports/oriented-strand-board-osb-market

Market Segment:

 

Oriented Strand Board (OSB) Application Outlook (Volume, Million square Meters, Revenue, USD Thousand, 2012 - 2022)

  • Construction
  • Packaging
  • Others

 

Oriented Strand Board (OSB) Regional Outlook (Volume, Million square Meters, Revenue, USD Thousand, 2012 - 2022)

  • North America
  • U.S
  • Europe
  • Germany
  • U.K
  • Asia Pacific
  • China
  • India
  • Latin America
  • Brazil
  • MEA
  • Saudi Arabia

 

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

 

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: [email protected]

 

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Office No. 302, 3rd Floor, Manikchand Galleria,

Model Colony, Shivaji Nagar, Pune, MH, 411016 India

tel: 91-20-65300184

Email: [email protected]

Visit Our Blog: www.millioninsights.blogspot.com

 

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